Hi-tech tools of the trade in association with IBM[R]: today's leaders need to master all the cutting-edge tech at their disposal to get the most from the modern finance function.
The importance of financial transformation was at the top of the agenda at a recent BM event at Twickenham, southwest London. Equipping he modern finance function with the right tools to deliver excellence in core areas, as well as add value across the business, is a priority for any forward-thinking finance leader.
So what art leaders really doing? How are they leveraging finance's influence to sea ire their place at the head of the next phase of business evolution?
Mark Rolfe leads IBM's financial performance management sector in Europe. He presented the findings of a recent IBM survey that revealed howl finance leaders achieve their results. The challenge to these leaders are significant, particularly at a time when profit warnings are at an all-time high. Rolfe said that the situation could be partly explained by economic volatility. "It continues to plague and challenge businesses," he said. "The landscape in many industries is changing, and for finance that is compounded by regulatory change."
Big data
One of the key elements of that volatility is big data, which can be viewed as an opportunity and a threat. "It is thought of mainly...
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